Good morning traders!
Reviewing the major stories, the Greek economy states the country are near to an agreement with lenders, despite the difficulties. Greece will likely remain part of the Eurozone. But yesterday we saw nearly all of the gains from Monday wiped out and bring us back to square one. So after an excellent Monday yesterday was… disappointing.
I am still Bullish above 11574 and will continue to buy until that levels disappears.
My Trades
To see full details of my trades, follow this link
19 signals generated yesterday, 5 trades taken from those signals, 1 trade opened myself.
18 trades open right now (details below)
2 closed today (details below)
To follow the signals, follow the twitter account below
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Open Positions
Closed Positions
Dax Support & Resistance
| KEY LEVELS | Difference | |
| Daily R2 | 12180 | -68 |
| Daily R1 | 12001 | -118 |
| Value High | 11959 | 33 |
| 24hr VWAP | 11889 | -22 |
| Daily Pivot | 11871 | -53 |
| 34 Hour EMA | 11869 | -29 |
| Naked VPOC | 11807 | 27 |
| Value Low | 11745 | 3 |
| Daily S1 | 11692 | -103 |
| Daily S2 | 11562 | -38 |
| 200 Day EMA | 10570 | -29 |
Dax Chart
The four hour chart on the FXI indicator (click for more details) looks like it is now back under control after piercing the topside. The 30 minute chart shows a buying signal and the oscillator on the daily chart is now providing a buying signal too.
1Dax – FXI Indicator
The 11574 is still the key level that I am watching
2Dax Daily Chart
We are trapped between support and resistance on the 4 hour chart, waiting for a break
3Dax Intra-day Chart (4 hour)
We need to break the .618 fib level of 12105 to resume the move up
4Dax Intra-day Chart (30 minute)
Short term bearish on the 5 minute chart below
5Dax Intra-day Chart (5 minute)
There are a couple of low volume pockets on the distribution which could provide quick points if we enter them.
6Dax Volume Profile Chart (5 minute)
